Use this filter to locate securities making new highs or lows. Stock Filter compares today's high with the highest high during the look back period. If today's high is HIGHER, it passes the test. The same concept applies to new lows.

The purpose of the look back period is to allow flexibility to identify different kinds of new highs. A new high with a look back period of about 250 days would identify securities breaking 52-week highs. To identify securities breaking a downtrend, you could make the look back period 20 to 30 days.

Today's New High/Low:

Set the look back period to the number of days desired. If you are using new highs to identify stocks breaking from a downtrend, consider incorporating price vs. Moving Average filter. See the predefined scan "Bottom Fishing" for an example.